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mohamed morsi. president obama tonight appears to be assuming role of the great appeaser in the middle east. in northern africa and south asia, willing, it seems, to negotiate american interests and the interests of our allies with the taliban to in some interests directly affiliated with groups in al qaeda and muslim brotherhood for a significant if not dominant role in the egyptian government. we'll be exploring throughout the region the degegree to whic the obama foreign policy is responsible and whether this administration cannot successfully play a struktive role in support of egypt's secular military and in the shaping of a new democratic government with or without the muslim brotherhood and any forthcoming governing coalition. our foreign policy expert will also take on the issue of why mr. obama wants the muslim brotherhood's participation despite the objections of the secular military and other elements of the egyptian governing coalition. this is where things stand tonight in egypt. the interim government came into power after the removal of mohamed morsi, an development the
citizens and u.s.ersonnel. although the obama administration to them a clear there would prefer that i use a different wordd here is state department spokesperson quibbli with the press over the use of the word evacuate and insist the teeseven system and is planning with the obama administration sees on a cigna -- as a significant of its maturing in ecuation and with the adnistration is now calling and ordered departure. >> cl with the use of the word evacuate. >> it's a technical term. >> is it? i think it is i nontechnical term. ordered departure is the technical term. so if you -- >> if y look up in the dictionary definition. >> what would you call if you are suddenly told you have to leave and a plan is flawed man. forced to get on and leave. >> and ordered departure. lou: the etymological nonsense did not end there. keep all the warnings to american citizens not to travel to yemen and to those there to leave immediately to the nothing more than a travel advisory and the obama administration shows to update it this very morning. declaring that advisory has been in effect for 11 years,
crime sentences, obama white house ordered federal prosecutors to revmp statut to help shield certain drug offensers from the mandatory sentences without congressional approval, here is attorney general holder today speaking before the american bar association. >> i have to today mandated a modifition of the justice department charges policy so certain low-level, nonviolent drug aend toers wits offensers o drug cartels or gangs. lou: how will our attorney general fine drug offenders who use drugs that have not beenn@ provided by as he put it large scale organizations, gangs and cartels. does not their useie them to those trial organizations and enterprises? this administration displaying in some cases utter disregard for legislative process with which to changeaw, last month president suspended mandate portion of his signature healthcare l, and defied congress, and dared congress to stop him, say, i'm not concerned about their opinions, very few of them by the way are lawyers much less constitutiol lawyers issu as i noted them a third of the house are lyerslmost half in the senate. bu
in for lou dobbs. >> obama administration making its case for taking military action against syria, briefing lawmakers about their conclusion that syria government carried out a large scale chemical weapons attack, tonight we speak with fox news military analyst, general jack king on whether the president is justified in takes action. even without the backing of allies or the united nations. >> and questionsemain about our involvement in libya. and the terrorist attack in benghazi, we'll talk with larry ward, a group of special operation veterans who are calling on house speaker john boehner to create a appreciate committee to -- special committee t investigate the attack. >> and administration refusing to enforce a law it does not like, now giving states green light to adopt regulation legalizing small amounts of marijuana, dobbs lawakes up the case with our attorneys, ww begin with new obstacles blocking the formation of a coalition of the willing to strike syria. britain's defense secretary saying, that the u.k. will not take part in any military action against syria, after the government
in 16 countries across the middle east and all ordered closed by the obama administration. the obama foreign policy effectively closed for business in the middle east. citing threats from the terrorist groups that the president once declared to be on the run repeatedly during his campaign for reelection. the obama administration ordered the closing of those 19 embassies and consulates throughout the middle east for at least the rest of the week. and that is based on what lawmakers and administration sources are calling increased on-line chatter amongst al qaeda and it al qaeda affiliated groups. fox news confirming tonight that enter subject conversations between al qaeda had and his counterpart in yemen led to these closures. thanks to the president's spokesperson, those terrorist groups now know the administration's timetable for reopeeing the closed outposts. >> our current affirmation suggests that al qaeda and affiliated organizations continue to plan terrorist attacks in the region and beyond . and our information suggests that they may focus efforts to conduct attacks between
. it is a folly built on a fantasy that doing this is going to get the approval of the senate and barack obama. it is never going to happen. so you are going to shut down the government for no reason. yesterday mitt romney weighed in on it. >> the former presidential candidate told a group of donors that the plan led by conservatives would hurt national security. that doesn't make it easy for some republican lawmakers like north carolina congressman. >> this is what the tea party wants to know. will you vote with mike lee to defund obama care? yes or no? i want yes or no. no. >> we need to show the american people we stand for conservative values. >> this guy has probably voted to get rid of obama care 20 times. i mean, they take the vote every week. >> 40 times. >> they voted 40 times. so you now have this happening all over america. i said it the other day. i know there are stupid people on the internet and they have to do something. >> they don't like your pants. >> they are wandering the streets, going to get hit by cars or in mama's basement. rather than be in mama's basement writing stup
majority of them are part-time. can we take the war on success. avalanche of new regulations and obama care. more young americans are living at home. are you ready for the new normal under the obama administration? "varney & company" is about to begin. you know throughout history, folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first plac [ male announcer ] one pill each morning. 24 hours. zero heartburn. >> we've got a terrorist threat update. at least 19 embassies and consulates will remain closed through saturday and that's due to what the state department calls significant and detailed ip tell against of possible terror attacks. and so far clues are pointing to al qaeda. congress is tooting its own horn for passing a bill that will cut the student loans and get this, the low rate only applies to students borrowing 5,500. or borrowing at 6.4%. and the estimates that the government will generate 51 billion in revenues and these are profits from stude
intelligence. >>> kristen welker is in martha vineyards where president obama is vacationing. what are lawmakers saying to you about this latest threat? >> reporter: alex, good day to you. lawmakers seem to be on the same page. closing the 19 embassies was the right move because it pointed to the fact that al qaeda was planning either one large explosion or a series of explosions. here's a little bit more on that from congressman peter king. take a listen. >> the intelligence that i saw here was at least as powerful as anything i've seen since 9/11, probably the closest would be the liquid explosive plot out of london in 2006. but this was very credible. it was corroborated and spoke of a massive attack and to me was the right thing to do. >> now, alex, some republicans did use the closure of those 19 embassies to attack president obama's foreign policy center. john mccain making a point that the peninsula has gotten much stronger in recent years and also argue that it's an indication that president obama hasn't been strong enough in terms of combatting that growing presence and th
ten years ago without great britain, without a resolution. obama is doing exactly what he ran for president against when he pledge never to do. it is like animal farm, repainting slogans on the farm and pretending they were always that way. >>anna: we're starting to see arguments on both side. charles krauthammer saying is it something to do with the president's ego saying don't cross the red line and once crossed not doing anything about it. and jack keane saying something should have been done earlier. >> no purpose whatsoever unless it is to assuage the guilty conscience of a president or vindicate the vanity of a president who has become the laughingstock around the world and whose word means nothing because last year he spoke about a red line and allowed all the red lines to be crossed without lifting a finger. maybe he feels compelled as a way to vindicate himself. you don't take a country into war as a way to vindicate your own standing. you do it to achieve strategic objectives on behalf of your country. if they're going to do a three-day strike with no intention of al
headline, the committee uses government numbers to show part-time work dominates the obama economy. the household survey says, seven of eight jobs created are part-time. opposite is president obama who will speak on the success of his economic policies. and speaking in phoenix where home prices have risen sharply and his support for home buying. and jeff bezos, stepping forward as the top ceo. the question, is he the next steve jobs? "varney & company" is about to begin. >> president obama in phoenix today. is going to take a victory lap on the country's real estate recovery, but he wants more. here is his plan. help families save up to 3000 a year by refinancing. cut red tape so responsible buyers can get a mortgage. wind down fannie and freddie and the housing recovery. this fits president obama's theme, i am helping the middle class, it's the republicans' faulty can't do more. however, the president is struggling with that message. i've got one negative item on the economy this morning, actually several, but here is the big one. part-time workers dominate the jobs scene. new nu
% of those surveyed say president obama's recent economic speeches offer nothing new. result of that? 52% of that say they disapprove of the job president obama is doing, and get this, 74% say we rely too much on the government, food stamps, welfare, saying it's too easy to get government handouts. new polls. the numbers suggest the country has a negative view of the president's performance, and his economic agenda. however, investors clearly do not have a negative view of tesla, the electric car company. they sold more cars than all the oh-so-clever analysts expected, and tesla is expanding with a backlog of orders, and look at this, the stock up big, 10-12% of the opening bell. it's not the only stock up. a higher open in a couple minutes, but firsts though, there's this. three winning powerball tickets sold, two in new jersey, one in minnesota. they will split a $448 million jackpot, no identity on the winners yet, but one thing's for sure. they all pay a huge chunk of the prize up front in tax. more on that later in the hourment i'm going to call government lotteries a lousy deal. sh
this administration is going to cave to the recent union demands for obama care changes? he's coming up, top of the hour. a big question on obama care. two people on this show this week said, we're going to have a double dip in the real estate market. team investment's tonya is with us from phoenix. you don't believe that and don't see a dip in the real estate market. but do you see a pause where prices stop going up? >> i see steadying. here are the facts when it comes to the real estate market. prices are still 23% off the peak from 2006. pending home sales, although they were down this month, are up 6.7% from last year. when you look at these facts. credit is it loosening. and that's going to bring the regional banks back to life where first time home buyers can get back in. it's still more expensive to rent than to buy. there is not going to be a double-dip recession and we have a lot of products that haven't hit the market that needs to. this is a stable real estate market and these bumps, not head wind that we're seeing, are good because it means there's checks and balances. stuart: i'
. don't we love him for it? thank you so much. no pow wow with putin. president obama has yet to sit down with the president while attending the g20 summit in the country. a california city testing a fix for underwater mortgages, imminent domain. you can't make it up. it's a battle royale with the banks landing in court. medical information exposed. the rush to implement obamacare put sensitive records at risk. see it to believe it. the manning brothers rapping their way through a new commercial for direct tv. literally rapping. ridiculous. we'll show it to you anyway. all that and so much more this hour on "markets now." ♪ >> stocks down, worrying about a pull back from the federal reserve. is this what the month will be like? adam, answer me that. >> there's been a lot of people who have been talking about a four to 8% pull back, a correction. who is winning and losing? the s&p down ten points, dow down 70 points, but leading the charge on the dow, at least some to the positive. united technologies, chevron, merck, they are up now, but the big losers on the dow this morning, disn
cancelinging president obama's planned bilateral talks with his russian counterpart. president obama and vladimir putin were expected to sit down and discuss, among other things, syria's ongoing civil war. the kremlin said it is disappointed by the cancellation. the decision reportedly unanimous by the president's national security team. the icy standoff rekindles a debate between mitt romney and president obama during the 2012 campaign. >> this is to russia that this is, without question, our number one geopolitical foe. they fight every cause for the world's worst actors. the idea that he has more flexibility in mind for russia is very, very troubling, indeed. >> governor romney, i'm glad that you recognize that al qaeda is a threat because a few months ago when you were asked what's the biggest geopolitical threat facing america, you said russia. not al qaeda. in the 1980s are now calling to ask for their foreign policy back because the cold war has been over for 20 years. >> white house -- >> boy, that's a cute line. it's just so dead wrong. it's not even funny. and every single
this morning to see what the latest is on the case. >>> for the first time president obama addressed the decision to shut down embassies and diplomatic poes in the middle east and africa. the interview happened on "the tonight show with jay leno." the president also covered edward snow it is den and his relationship with john mccain and hillary clinton. a nice change of pace. what didn't they cover in the interview? >> everything. i think that's part of the reason why president obama really likes the late night talk shows. he does a lot of these. h he's the first sitting president to get in there with late night talk shows. this was his sixth appearance on leno's program. he talked about everything from the economy, health care re form, what's going on in the middle east and the nsa. ♪ >> reporter: in his first remarks on the al qaeda terror threat president obama insisting the u.s. is not overreacting in closing 19 embassies through tend of the week. >> how significant is this threat? >> well, b it's significant enough that we are taking every precaution. >> reporter: the presiden
] lasting freshness. >> let's kick off the show with breaking news. the ap reports that president obama is canceling his meeting with russian president putin over tensions because of the nsa leaker edward snowden. russia granted snowden one year temporary asylum last week. we didn't like it, the meeting off. let's get the policy, president obama's plan to keep the hougs recovery going, here it is, winding down the role of fannie and freddie and give private banks a bigger role in lending. he wants more loans for credit buyers and exert more control over the bank telling them what to do. if things go wrong, the taxpayer will still have to back the housing industry. social engineering like we had ten years ago, yes, say the critics. others support it. but remember this, do you remember this from a few weeks back, the government is using census data for a fair housing rule. they're making a racial map of every neighborhood in america, grabbing demographic data to make sure there is no inequality. special engineering and housing back at the top of the president's agenda. let's get to the ma
count them out of the syria coalition. forget whether president obama has to do this one solo, ask why. in 2011 he helped marshall 21 countries to go after qaddafi. now should we go after assad? it has not even been over two years and nobody has our back as we try to cover theirs? what does that say about us? the russian president who toys with us over a spy who wants we want back but he will not give back. and a military which we have given millions reinvesting its interest with us. a saudi government assuring egypt they have their back in case the money stops flowing from us. the chinese government blasting our debt and investing less in us. a german chancellor who mocks our ways. a french prime minister who mocks us for being inconsistent. canadians who say we have abandoned them on a pipeline and we wonder why our coalition looks like a pipe dream. maybe it is because we're out of ideas, maybe it is because were out of excuses, maybe it is because we're out of money. i don't know. beggars cannot be choosers but they can be losers. i hate to break it to you, we look like losers. una
's the memo. next on the rundown, juan williams will respond and then karl rove on what president obama should do about the human rights violations in syria. the factor will be right back. the humble back seat. we believe it can be the most valuable real estate on earth. ♪ that's why we designed the subaru forester from the back seat forward. signed, responsibly built, completely restyled subaru forester. love. it's what makes a subaru, a subaru. if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announr ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about othe
on money at reasonable rates. but they are not. president obama holds a news conference today. my prediction he runs out the clock and runs out the door for a vacation. with fidelity's guaranteed one-second trade execuon, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in e first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. stuart: obamacare, you really don't like it. 57% of those surveyed say implementation, putting the thing in its place, is a joke. 63% say congress needs to keep working to change the law, 31% say it is time to move onto other issue
obama says he hasn't decided exactly what to do. good morning, everyone. word of the day, delay. in an interview on pbs, president obama talked about a shot across the bows, a limited targeted strike. the united nations rejects military action. congress wants to be consulted. the brits say, it's like iraq all over again. so, wait till the u.n. inspectors confirm a gas attack. delays. over here, no delay for a gas price hike, it's started already. oil still priced at $109 a barrel and stocks will open dead flat. what will be the impact of this? the economy expanded at an annual rate of 2 1/2% between april and june. that's better than first reported. but come on, everybody, get used to the new normal. "varney & company" is about to begin. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions
will do but because he embraced obama had his state was in turmoil, he is apparently not a good guy. neil: they claim you were there guy, you got to washington, you know, youre all about getting things done, i can understand the frustration, saying that you are not parroting every one of our causes, you are almost dammed if you do, dammed if you don't. >> that is okay, i'm an american first, so is chris christie and rand fall and others, we're different people, and -- >> i think it will is bigger than that. have you a better read you are closer to the fire. but it seems when the nastiness is out in particular with chris christie and paul, that is not dying down. >> to have someone like me talking about unifying the country, putting our country first not our political personal interests, we'll see if that resonates with people, there is a void with extremes on the left and the right. neil: where do you feel it? would a president brown, be against providing more aid to egypt. >> i would look at all of the aid we're providing every country, do that top to bottom review, in my estimation ther
in a meeting with president obama talking about the nsa and your privacy. and harkening back to a time when this dude, kevin costner, was starring in "the untouchables." and who wants these guys, blackberry wants to go private may be. the idea is catching fire. the matter of who wants to put the money down on this troubled cell phone company. and a quick fix for unemployment, energy, people. how we can get americans back to work and solve the energy problems in one swoop. that and so much more on this hour of "markets now." ♪ dagen: so i did not fall and bust my you know what trying to sit down at the top of every show, so it has been a good week. let's start this hour with market stocks on track for another losing day. snapping the three-day winning streak yesterday, but heading south. nicole petallides at the new york stock exchange. nicole: it has been a good week. i will celebrate with you. a successful week. i look at what we see on wall street down half of 1%. 15,422. a loss of about 82 points. we did snap the losing streak since yesterday. however still remains a losing week on wal
.com charles: news alert, another hit for the president. the new york times reporting the obama administration delayed another provision of obamacare dealing with consumer protection that would be out of pocket costs people have to spend on health care. and:00 a.m. jim demint will join us pushing for a vote on obamacare and we will get his reaction at the top of the hour. explosive new video of lois lerner may be the smoking gun that plant's the irs skip kendall squarely in washington. she is talking about political pressure to put the irs to stop the flood of money pouring into the 2010 election. listen to this. >> overturning 100-year-old precedent that says appropriations for the whole thing and they don't like it -- charles: democrats maintaining the party line. and op-ed in the washington post democratic congressman steven and eli's the cummingsssaid there's no evidence political motivation or white house involvement. this video looks like a smoking gun. >> thought that the senator is saying this when he sent a letter on homeland security letter head, senatorial letter head to irs commiss
,000 acres now in the top ten largest fires in california history. michelle obama's push for healthy school lunches hits a setback after one year, some school districts are dropping the program altogether. too expensive they say and the kids just are not eating the food. and get this, please. a new study says middle age now begins at 53, oh, dear. but the markets they're about to open and that's the focus. yesterday on "varney & company," we had a guest. he said there's a double dip coming for housing. today we've got someone who predicts mortgage rates could eventually go as high as 14%. doesn't it take you back to the '80s? stay there everybody, another big day is coming for your money. the bell is next. the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use, you never miss the fun. beard grow
from it let's also not forget 7 years ago, this is the guy who said, that barack obama was notable because he was the rare african-american politicians who did not speak in harry reid's words, yet on yet on quote, unquote, negroro i did l. negro di dialect. neil: i forgot about that. >> 50% of the country does not approve to the job that barack obama is doing, if you go to those americans that represent every strand of the spectrum from conservative democrats who look at obam obamacare and realg it is not doing anything it promised to do, doing many things it promised it would not do, to younger americans who are trying to find a job. to all kinds of americans who don't see this administration keeping its promises in issue after issue. if you ask that 50% of americans, do you think you are racist for not approvining of te job that the president is doing? they don't buy this harry reid says these things to put republicans on the defensive, and says these things to make republicans have to get defensive about these is not trying to persuade a single human being. neil: should he be wo
, at the center of the housing bust but wiped out $7 trillion in homeowner equity. mr. obama have another plan to stabilize and boost the housing market. lori: newspapers, a new status symbol for billion is looking to flaunt their wealth. amazon's jeff bezos be with the washington post. dennis: the fight with george soros and carl icahn ran the. charlie gasparino as the long and short. time for stocks as we do every 15 minutes left head to the floor of the stock exchange, adam shapiro, stocks down. adam: not as bad as they were earlier. we are off of session lows and may go above 1700. one of the reasons the dow is down 82 points is ibm pulling but dow down and ibm is down 2.2% accounting for 34 points of of the dow but not only the biggest loser on the dow, they got a downgrade which says their stock price could go as low as $175 a year -- a share, a big fall down is ibm and one issue is people don't want their mainframes as much as they used to. lori: the windy city has one of the most poorly funded pension systems in the country, 50% underfunded. no solutions so far. could be the next major
economy. >> remember this morning from president obama to syria. it was about a year ago. >> we have been very clear to the assad regime but also to other players on the ground that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. >>brian: after wednesday's alleged chemical attack it looks like the red line has been crossed again. for the u.s., it now seems to be preparing for a cruise missile launch perhaps. so what would an attack look like? joining us is fox news military analyst lieutenant general thomas mcinerny. general mcinerny, what do you think we should do? what's our best approach right now? >> well, i think we need to back the right team, and the supreme military council under general idr i s is the wrong team. they are muslim brotherhood booked by the kataras. the team we want to back is under colonel riad. let's talk about an air campaign. fundamentally similar to if we back the right people. if we don't back the right people, don't do it. here's what i would do. lay a host of upward of 200 tom hawks and conventional air
days that country has seen in years. president obama calling for calm. trending downward, not just the market, but the president's approval rating on the economy flipping to 35% last month. seven percentage points lower than june. detroit emergency manager apologizing after calling some of the city residents those names. and the nfl hit with another concussion lawsuit. 83 former players led by pro-bowlers. they say they are suffering long-term effects from brain injuries sustained during their playing days. and we're watching the market this hour of "markets now." ♪ connell: those headlines show you there is a lot going on-9 today. we will get to the mess in egypt in just a moment, but first, our market today with the selloff, seeing the biggest decline in a couple of months. nicole petallides starts us off on the floor of the new york stock exchange. nicole: you are absolutely right. the lowest point, the biggest move to the downside since june 20. down about 1.5% right now. back on june 20 the dow dropped over 2%, this is the biggest moving percentage terms since that time. yo
and obama care. cory booker took a major step toward becoming new jersey's next u.s. senator with a commanding victory in the state's democratic primary. with 98% reporting, booker won a clear majority with nearly 60% of new jersey democrats supporting the mayor from nuke. >> they say that i, they say that we are being naive. to them i say have you ever met us? do you know where i've been working for the last 17 years? do you know that -- do you know that this is newark, new jersey and we don't do naive? >> he'd do better if he was just holding a baby, doesn't you think? he faces republican steve lonigan who is gearing up for the october special election. >> americorpsy booker has an advantage. he's been anointed by hollywood. the hollywood elite have descended from their penthouse apartments in the belaire hotel, from the heights of the hollywood hills to come to new jersey to tell us who our next u.s. senator will be. >> moving on to awkward now. san diego mayor bob filner. >> our guy. >> yeah. >> how is he still mayor? >> incredible. >> i was going to put this in news you
, and the indictments don't go far enough. >> the real question is, is the government committed, is president obama committed to capture and kill these people? at this point almost 11 months afterwards, it doesn't appear so. >> reporter: now, we don't know if the three suspects originally identified by the fbi are, indeed, among the ones indicted. in an interview conducted with fox last year, one of them said he was at the scene of the attack that night, but he denies being a ringleader of the attack on the consulate as others have claimed. jenna: his name has come up repeatedly as you mentioned, steve. this news is not even 24 hours old. within the last 24 hours, the president appeared on jay leno. did he have anything specifically to say about benghazi? >> reporter: yeah, he did. he was asked whether his response to the latest terrorist threat was an overreaction because of the tragic events in benghazi. >> one thing i've tried to do as president is not overreact. you know, but make sure that as much as possible the american people understand that there are genuine risks out there. >> reporter: n
obama does not know how to fix the problems unless he is taxing someone or spending our money, those are his only two solutions this tax he wanted to do it by circumventing congress, what a surprise. >> the congressman in alaska wanted to to it in 2007 it died on the committee. neil: a big state with a lot of land in between cables. latest health care surprise, you can keep your health care but at ups not your spouse. because ups is planning to remove thousands of significant others to save what it says are very significant cost for health care coverage under the new law, proof to the law has to go, jedediah yes, jonas noto fast? >> it has to go. i cue that clip of barack obama saying if you like your healthcacare, you can keep it, f it is a spouse, it not going to work. but, ups was blunt about saying that obamacare was a contributing factor, they did not keep that private. these are fees we'll incur, we no longer have money that we would have had to provide service. we have to adapt. >> i am jus wondering jonas, ifu are having other problem, you point to health care to sort of take
? money-saving tips coming up. next. gerri: president obama expectedo sign into law a federal student loan rates will be tied to treasury tes so now how can you over the cost r college? here with money-saving monday tips we have author of i love master of debt the mystery is over we know what is happening to interest rates on student loans. what do you do now? >> what are the numbers? going from 3.four up at 6.8% now they go back to these rates. gerri: not for ever but right now. 3.8% for the undergraduate loans and 5.4% graduate loans and paris plus 6.4% right now. gerri: if i am planng my dad just getting into college what should they think about right now? >> do as many federal loans as you can because private loans interest are much higher. >> these are tied tohe 10 year treasury visa the race right now the overtime talk about how industries are rising they will go up but what is good about the bill is they cannot go up forever on the undergraduate loan that cap is eight-point to% on the graduates nine-point 5% is the highest it can ever go and 10.5% for the parent plus but on the prev
be leaving for the same reasons that bill daly left as chief of staff of the obama administration. those jobs during the obama years become almost secondary when it comes to economic policy because the president leans so heavily. she is the power center of this administration both from a domestic policy standpoint and a domestic economic policy standpoint so those jobs become less important in the scheme of things. not unimportant, but less important. cheryl: charlie, thank you for calling in with that huge breaking news. charlie gasparino, our senior correspondent with some market moving news on the administration. we want to check in on the market. we are actually session lows right now. lauren simonetti on the floor of the new york stock exchange. syria is the situation, are there any other factors we are talking about on the floor this morning? lauren: syria is the talk right now. we are about 20 points away from session lows for the dow, which is actually the best performing major market right now. the broader market down by 1%. if you look at the volume, it is a little bit more than it
tells fox it's ready and waiting orders from president obama to strike syria. this morning the white house leaking a lot of details, so we will let you know what we know. >>steve: some things just never change. actor alec baldwin on the attack again, it appears. what sparked that -- >>brian: upbgz? -- you think so? >>steve: are you heckling me? we're going to tell you what he did yesterday. >>brian: he does not represent all of mass pea pea -- massapequa. you can thank miley sires for this. twerking just made it into the dictionary. "fox & friends" starts right now. ♪ ♪ >>gretchen: wow. i watched that video for the first time yesterday. sorry i did. it's pretty graphic. >>steve: it's amazing. she does something on saturday night. next thing you know, it's in the dictionary. short turn-around. >>gretchen: this is obscene. if kids are watching you don't want them to see this right now. >>brian: i personally blame the vma for having that and not rehearsing. >>gretchen: they didn't rehearse? >>brian: i don't think they rehearsed that. can you see checking the box after these two got
evening, everybody. thank you for being with us. nowhere is president obama's foreign-policy are obviously confused than cotradictory of egypt. what could be more confounding than the administration's apparent support for not only the secularmilitary, but its embrace at the same time of a muslim brotherod with israel and western civilization itself. president obama today addressing the violence and deadly clashes between the egyptian
obama is set to announce new measures and efforts to restore the public's trust in government surveillance programs coming on the heels of the closed-door meeting on privacy at the white house. president obama met with tim cook, stevenson and a host of other tech industry executives to talk spying, privacy and security in an effort to find a balance between the three. full detail expected at the news conference today and fox business will have live coverage of the event beginning at 3:00 p.m. eastern. adam: oil snapped a losing streak surgeon about $105 per barrel on bullish economic reports out of china. phil flynn is in the trading pits of the cme. don't you take a real risk in believing the economic numbers out of china? >> you do, changes from week to week. everybody was writing china off. they were selling oil on bad economic data. all the sudden china cannot get enough. yesterday china imported more oil than they ever have before. oil actually went down. today strong manufacturing data out of china reuniting the bulls. we will have to rebuild them, they will go up. stron
: thank you, nicole. president obama eager to highlight a sliver of the economy doing well, real estate. taking to the interpret yesterday at zillow to answer questions about the recovery, housing finance reform, some of what he talked about, but is he on tricky ground? monica is here, and chief economist at first trust advisers, brian, to you first. when you talk about real estate and associating yourself with a recovery, but one that could be called into question, is he treading on dangerous ground here? >> he could be. you know, i actually think the real dangerous ground is, believe it or not, is trying to trash the economy. it keeps growing. it's what we call the plow horse economy. day after day after day, better numbers, today, initial claim, but what worries me is every time the government tries to get involved in a market, it's slowing it down, and, in fact, if you really look at this recovery, the two slowest areas of recovery are employment and housing. the two areas the government tried to help the most, and that's why they are slow to recover. i -- i don't mind his proposal
. and precious metals, a lot of gold and silver, but we can't forget about obama care, now we know how much it will cost taxpayers for the so-called navigators who will help to fill out. and from wall street to washington, and "varney & company" is all over it next. s to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward he's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back onvery purchase every day. what's in your wallet? [ crows ] now where's the snooze button? folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. >> the latest out of egypt. at least 638 people are dead. more than 4,000 have been in
clinton. senator elizabeth warren and president obama round out the top four. governor christie's position dips when only republicans are polled, drops to eighth behind the list of candidates behind the party's presidential nomination in 2016. first thing is first, what on earth is a temperature meter or whatever we're calling this? >> yes. so they call this the feeling thermometer. we're into feelings and we ask you how do you feel about these politicians. so 0 is stone cold. 100 is burning up. and we saw there the president coming in fourth. the most surprising number in that poll, you mentioned senator elizabeth warren, now the senior senator from massachusetts, coming in at number 3. the other thing that really struck us, how far christie fell when you ask just republicans, interestingly enough number one, when you ask just republicans, paul ryan, mitt romney's running mate and then rand paul, ted cruz, jeb bush, scott walker of wisconsin, all coming in before christie. that points to the governor's real challenge. he has this amazing national popularity and following, on the cover of
chairman summers, and maybe somebody else obama mentioned it to other candidates but did not say who they were. we don't know who will make the policy which is a double uncertainty. we are developing a risk premium in the market pricing of stocks and debt instruments. because of that, what is the policy? who will make the policy? we don't know. gerri: how big of a sell-off can we see? >> i have ratcheted up cash in four rounds, lover the locations and raised cash bonds with tax-free available now above 5% in many jurisdictions that is nearly a nine or 10%axable tax bracket.ield with the that is a big bargain competinagainst the stock market. gerri: not california? >> you are right on that. [laughter] gerri: interesting. i appreciate your time with the interesting analysis on apple. thank you. looking at stories on fox business and.com for growth stocks take a dive as earnings are reported for macy's after a strong july august will shape to be a lackluster month after hitting all-time highs. j.p. morgan chase employees have been charged trying to hide the $6 billion trading loss last
. for an agent, call the number that appears on your screen. charles: remember when president obama said this. >> no matter how we reform health care, we will keep this promise this the american people, if you like your doctor, you will be able to keep your doctor. period. >> you can keep your doctor, if you like your doctor, or he'll carry plan, you can keep it. >> if you like your doctor, keep him. >> you will be able it keep your health care plan. period. >> is there a white out for that, period? small businesses are required to provide coverage for workers but not workers families with cost rising guest what is next, spouse andour kids is the next cut. david, we have this debated, on fox business, people say that ttis is a falsehood people are not losing coverage, not separated from their doctors. but small business owners we're told a different story, what is happening? >> well i can tell you what happened with us, i'm -- my brother is the owner, i am part of the family, i have same healthcare coverage as our employees, what we have done, and had to do because, cost of premium has skyroc
investigation. president obama the next a desert of the acting commissioner and replace simmons as we will get to the bottom of it. now we find out they told us then, remember, it was over in may of 2012, completely done. we still have lettersay 6th of 2013, just few months ago. neil: have any of your clients -- i'm sorry, jordan. were you getting news for many of those that you reprent that this was continuing? >> we knew that. starting in 2012, about march we started representing most of these groups. some are new with the new lawst, but most we have been representing cents over a year or close to a year-and-a-half. these groups were still waiting. we have a group, the albuquerque rty. this group has beenaiting over 1300 days. they applied december of 200 an we are finding a from the irs it you wereo apply today he would face the same kind of problems. what does it mean? they cannot solve correct. thers does not what to do with these groups. we rejected that offer to get self approval that they try to offer the groups that were suing them, the ones we represent. and this is why, because the
on now to major news, president obama making a statement moment ace go on egypt. he said the u.s. will cancel joint military exercises with egypt. to help us understand this, john harwood joins us live now from washington with more. john? >> kelly, it was a minimalist response by the president. you had some people including former advisers of his own saying that the united states should suspend or cut off military aid to the egyptian government. the president did not do that. he said that they were going to cancel those bright star military exercises scheduled for next month and continue to consult with his national security team on other steps. what he was trying to do was signal united states concern but not do anything to significantly weaken the relationship between the united states and the egyptian military. there will be more pressure if the violence continues. for now, this is all the president is doing. >> it's a dangerous position, though, john, that they find themselves in. on the one hand condemning the violence but on the other refusing to support the regime. i it'
president obama will sign the bill to cut student loan interest rates to lower the rate on government loans to 33.8-- 3.86% rate. the new rate is retroactive and applies to loans made after july 1st. adam: a city's plan to bring relief is called unconstitutional. richmond, california was planning to seize homes with underwater mortgages using the power of imminent domain, but the group says now, not so fast. wells fargo and deutsche bank are suing the city of richmond saying the map is illegal because that investment group will receive, quote, wind fall profits while the city only gets a small cut. richmond just started the early stages of the process, but several other cities are considering the same kind of deal. lori: farm equipment bidders trying to get the deals at the farm auction. jeff has more from the farm. >> no deals, lori. this has been an incredible auction. used to be auction were a sad affair where a farmer was, you know, getting a pit of what they were worth. that combine sold for more than, actually, than what the farmer paid for it. over to the auctioneer quick if i can. t
-estate, zillow moves o a new high. a 52 week high. president obama teaming up to confirm the hosting of a question and answer session with president obama. we will be moderated by the ceo of zillow. you will be able to write in questions so you can participate in this one. they can be submitted via video and the facebook and twitter page. reporting numbers tomorrow. ashley: lots of interesting zillow. thank you so much. tracy: we are mad because there undervaluing our homes. exactly. all right. more bad news for air travelers. misconduct by tsa employees. they dumped 26% between 2010 and 2012. how concerned should you be? here with the details. ashley: misconduct. >> let me tell you. there are all kinds, everything from stealing to not showing up for work because we don't need people at the airports to do their jobs. lots of problems. a number of complaints, jumping from 2600 in 2010 to 30400 in 2012. a big increase. i say if you are relying on people to give you one your flight -- ashley: all it takes is one to be asleep. >> sleeping is one of the big issues. sleeping on the job is
if we go this crazy george w. bush barack obama way which is printing money and overspending and raising taxes or if we will go pro-growth like reagan and if we go the pro-growth agenda i think markets will go up. really way up. dennis: plenty of time to follow over the next few years and in the meantime find one of these hundred dollar bills for you. dennis: how much would you pay for that? >> thanks a lot. dagen: $50 bills are bad luck. in racing in particular. not so much. dagen: coca-cola, artificial sweeteners, and diet drinks in a new ad campaign. dennis: diane macedo has more today. >> i will take any $50 bills, not a problem at all. >> the company is out with defending the use of s like diet drinks, and quality product you can feel good about along side a photo of a smiling woman, and a compound -- emphasizes despite being a trusted brand from 27 years, and doing things like offering low-calorie or no calorie options. and questions about artificial sweeteners calling them, quote, high quality alternatives to sugar and pointing out the safety came as supported and by 200 studies o
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